Announcement details

Toyota Trike to Support Popularization of Electric Motorcycles and Bicycles in Malaysia

2022/06/02

【Tokyo=Malaysia BIZ Navi】 Toyoda Trike (headquartered in Chuo-ku, Tokyo), a manufacturer of electrically power assisted bicycles, plans to support the Malaysian government in its efforts to popularize electric bikes and bicycles in Malaysia.
Senior Minister Azmin Ali (Ministry of Trade and Industry) visited Toyoda Trike on May 25 to discuss the possibility of business development in Malaysia.
Toyoda Trike plans to support the replacement of batteries for electric bikes and bicycles at convenience stores in Malaysia. GTSB will supply graphene, graphite, and other materials necessary for the production of electric bikes and bicycles.

Anselm Wong, CEO of Asia Develepment Capital Co., Ltd  (headquartered in Chou-ku, Tokyo), an investor in Toyoda Trike noted that Minister Azmin expressed strong expectations for its future initiative. On top of that, he is confident that all malaysians would benefit from this initiative.  

Prime Minister Ismail Sabri Yaacob's wife and other guests also visited the company on the 27th to see the electric bikes and bicycles.

Info Source:Asia Infonet

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